Tag Archives: Michael Hudson

The Sorcerer’s Apprentice

Posted on March 11, 2026 by camelotkidd

Trump more and more resembles the Sorcerer’s Apprentice, from Fantasia, where Mickey Mouse starts something that he can’t control. During negotiations, Trump and Netanyahu cast the spell of death and destruction with their cowardly assassination of Iran’s Supreme Leader, Ayatollah Ali … Continue reading →

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Primitive destruction leads to creative accumulation

Posted on March 7, 2026 by camelotkidd

I’m mashing political/economic concepts together to demonstrate how ideologies have long term consequences. The creditor class have been subjugating nations and funding wars for centuries, kicking into high gear with the “enclosure laws”–policies that forced peasants off their land and … Continue reading →

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Catch and Release

Posted on October 29, 2025 by camelotkidd

Why does the economy suck for most Americans even as economists and economic journalists paint a rosy picture? Rich people don’t care all that much about chemistry, astronomy or archeology but they damn sure care about economics and political science, … Continue reading →

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Everywhere is war

Posted on September 5, 2025 by camelotkidd

It certainly doesn’t appear possible for the US to have a non-belligerent foreign policy. Instead, the US aspires to be Techno-Sparta, where a climate of fear, hostility and end-of-times preparation seems to have overtaken US politicians, elites and the corporate media. … Continue reading →

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Apostasy

Posted on May 9, 2025 by camelotkidd

To be an intellectual is to be an apostate. In our neoliberal milieu, where everything has been commodified, intellectual thought, discourse and opinion has lost any of the verve that makes it precious and has thus become debased. Therefore, intellectualism … Continue reading →

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Things behind things

Posted on November 29, 2024 by camelotkidd

We live in a interregnum, where everything, including reality itself, is in flux. The paranoia and distrust of institutions that has taken hold in America is not a function of Donald Trump’s rancid populism no matter what the liberal, intellectual … Continue reading →

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The rents are too high

Posted on April 12, 2024 by camelotkidd

Why are Americans so unhappy despite elite gaslighting that it’s the best economy ever? I think the main reason is that the rents are too damn high. And by rents I don’t simply mean the costs of a mortgage or … Continue reading →

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Oligarchy

Posted on March 31, 2023 by camelotkidd

The US corporate media demonizes foreign oligarchs without looking closer to home. In a nutshell the US has devolved from a republic to an oligarchy. The US oligarchy is made up of people with the same accent, manners, values, and … Continue reading →

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Because markets, go die

Posted on February 4, 2023 by camelotkidd

I’ve always liked this formulation of neoliberalism because of its succinctness, but it’s useful to tease out the implications. Because markets describes how neoliberalism organizes all human activity through the competition of a market system that’s directed by a neoliberal … Continue reading →

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Confessions of an economic imperialist

Posted on July 29, 2022 by camelotkidd

The US uses finance and debt to maintain its empire, working through its minions the IMF and World Bank to immiserate developing countries so they can be plundered. What is evangelized as U.S.-style democracy is really a financial oligarchy privatizing … Continue reading →

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